...China has no choice but to keep producing, due to excess...

  1. 21,527 Posts.
    lightbulb Created with Sketch. 2005
    ...China has no choice but to keep producing, due to excess capacity, produce to absorb fixed costs and keep labour employed, otherwise factories would not operate optimally and they would have to shed employees.

    China's dumping deflation just means even more globally synchronized. The reason China has so much overcapacity is synchronized to begin with. They have no choice but to run the factories and just sell what they produce at whatever price they can get.

    https://x.com/JeffSnider_EDU/status/1790237342378160499
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.